The interim CEO of Sun-Times Media Group has sent his 1,800 employees a memo telling them that even if September 29, Tuesday, isn’t a a formal deadline, it’s still pretty damned important. Jeremy Halbreich had been saying that Tuesday was the day by which all the STMG unions had to sign off on terms demanded […]
Tag: Sun-Times Media Group
Posted inBlogs
Jim Tyree Responds
In the difficult passage of the Sun-Times Media Group from its present owners to a group of investors led by financier James Tyree, Thursday was a particularly awkward day. First interim CEO Jeremy Halbreich issued a statement insisting on the inflexibility of a September 29 deadline for the STMG unions to approve the new working […]
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Bad Timing
Jeremy Halbreich, interim ceo of the Sun-Times Media Group, picked a bad day to explain the facts of life to his employees.
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Sun-Times Media Group CEO Explains It All to You
September 24, 2009 To: All Sun-Times Media Group employees From: Jeremy L. Halbreich Subject: Questions and answers related to recent events (entire memo follows)
Posted inNews & Politics
First Thing We Do, Let’s Kill All the Columnists
Could less star power and more depth save the Sun-Times?
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Don’t Let My Leaving Stop You
This is a terrible time to leave town — when the fate of the Sun-Times, the paper where I once worked and think of as close to an alma mater, hangs in the balance (along with the fate of the entire Sun-Times Media Group). I hope this blog continues to serve as the forum it’s […]
Posted inBlogs
Guild Rejects Concessions
Newspaper Guild members from the Sun-Times met Tuesday night and by virtually a 4 to 1 margin rejected a package of concessions they’d been told they’d have to make it they wanted the sale of the Sun-Times Media Group to go through. Here’s the motion that was voted on: The membership of the Sun-Times Unit […]
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A Warning to the Troops — from the CEO of the Sun-Times Media Group
The Newspaper Guild membership of the Sun-Times meets at 6 PM Tuesday and may vote to accept reject the harsh terms presented by the management of the Sun-Times Media Group as the price that must be paid if the company is to continue to exist.
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The Terms of Saving the Sun-Times
Like Hutus and Tutsis, Serbs and Croatians, union and nonunion workers can’t be told apart at a glance. But they know who they are and the divide can seem vast — as we see from the hot, angry exchange on this blog over the concessions the next owners of the bankrupt Sun-Times Media Group expect […]
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Sun-Times Media Group Union Leaders Meet
The packet laying out the concessions the Sun-Times Media Group wants from its unionized employees was received at the Chicago Newspaper Guild and other union headquarters Thursday evening, and read with mounting fury.
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Guild to S-T Management: Where’s the Letter?
Thursday brought troubling news to the unionized employees of the Sun-Times Media Group. The morning Tribune reported:
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The Next Team of Owners
James Tyree wouldn’t name the other investors in the group he’s put together to buy the Sun-Times Media Group — no surprise there, the deal isn’t done yet, and he says they’ll all be known once it is — so I asked him what they all have in common. “We’re all Chicagoans,” he said.
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Sun-Times Media Group Cutting Salaries of Nonunion Employees
Interim CEO Jeremy Halbreich memoed the nonunion employees of the Sun-Times Media Groupo Wednesday telling them the tentative sale of the company’s assets will require them to make a financial sacrifice, and laying out what that sacrifice will be. .
Posted inBlogs
The Sun-Times Media Group Is on Its Way to New Owners
For $5 million, financier James Tyree and the investor group he represents has taken a huge first step toward buying a local media empire — and $22 million of debt.
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A Call From Jeremy Halbreich
Jeremy Halbreich, chairman and interim CEO of the Sun-Times Media Group called me Wednesday evening to confirm something I’d heard — that heads of the media group various unions will meet Thursday afternoon with Ted Rilea, vice president for labor relations.